Morgan Stanley’s chief legal officer Eric Grossman’s decision to write to the bank’s outside counsel earlier in July laying out his expectations for increased ‘in-office’ working at law firms has sent ripples throughout the global legal industry.
Many law firms – some regular advisers to the bank – that have already implemented remote working policies for their people may now look to adjust them in the face of the major clients’ expectations, while the impact on junior lawyers’ work-life balance is also likely to be hit, partners internationally have said.
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